DAR ES SALAAM, Oct. 9 -- BANK of Tanzania (BoT) kept its Central Bank Rate (CBR) at 6.25 per cent for the fourth quarter of 2026 as inflation remained within target and private-sector credit surged.

BoT Governor Emmanuel Tutuba announced the decision at a press conference yesterday, following a meeting of the Monetary Policy Committee (MPC) on Wednesday.

He said the MPC decided to maintain the rate as it is convinced that the central banks restrictive monetary stance was still working through the economy even as private-sector credit expands at its fastest pace.

“The MPC said the 6.25 per cent Central Bank Rate is appropriate because it is continuing to dampen underlying inflationary pressures while supporting economic growth,...